Financial support for aspiring farmers
- Open Date : April 1, 2024
- Closing date : May 31, 2024
Overview
This program provides financial support of up to $50,000 for young people who want to start an agricultural business or join an existing one. It supports full-time and part-time establishment, with funds that can be used for productive investments such as land improvement and equipment purchase.
At a glance
Funding available
- Reduce environmental footprint
- Start a business
- Maximum amount : 50,000 $
- Minimum amount : 10,000 $
- Open Date : April 1, 2024
- Closing date : May 31, 2024
Eligible candidates
- Agriculture, forestry, fishing and hunting
- Quebec
- Sole proprietorship
- For-profit business
- All revenue ranges
- All organization sizes
- Rural or Northern Residents
- Youth (<40)
- Startups
Next Steps
Activities funded
- Starting a new agricultural business
- Establishing on an existing farm
- Full-time farm establishment
- Part-time farm start-up
Documents Needed
- Business plan
- Diplomas or recent transcripts
- Proof of age
- Request for payment form
Official resources
Eligibility
Who is eligible?
- Young farmers in Quebec
- Applicants starting a new agricultural business
- Applicants joining an existing farm
Eligible expenses
- Land improvement
- Equipment purchase
Eligible geographic areas
- Quebec
Selection criteria
- The evaluation and selection criteria for this grant include the level of training completed by the applicant: Bachelor's of Science in agriculture, administration, or management; Diploma of Collegial Studies (DCS) in farm management and operations; or other equivalent diplomas. - The grant amount is determined based on the level of training completed, with higher levels of training qualifying for larger grant amounts. - The applicant must meet the age requirement of being between 18 and 40 years old to participate in the Tournez-vous vers l’excellence! Contest. - If the applicant's age falls outside the specified range, they may not be eligible for the contest. - The grant is intended to support full-time or part-time establishment on an existing farm or for starting a new agricultural business.
How to apply
- Step 1: Check eligibility
- Make sure the applicant meets the program criteria.
- Step 2: Contact a service centre
- Book an appointment with an advisor.
- Step 3: Prepare documents
- Bring the business plan, diplomas or transcripts, and proof of age.
- Step 4: Submit the payment request
- Complete the Request for payment form and send it to the service centre.
Processing and Agreement
- Applications are reviewed by an advisor at the service centre
- Proof documents must be provided before payment is issued
- Payment is made once the required documents are presented
- Supporting documents must be submitted within five years of the award date
Additional information
Here are additional relevant details for the Financial Support Program for Aspiring Farmers:
- The grant payment is contingent upon the presentation of proof documents, which must be submitted within five years from the grant award date.
- Participation in the "Tournez-vous vers l’excellence!" contest is available for applicants aged 18-40, with prizes including a $5,000 grant and smaller amounts.
- Applicants must have at least one year of relevant farming experience.
- A business plan and proof of education and age are required as part of the application.
- Grant amounts vary according to the applicant's level of educational training.